Delta Air Lines, Inc. (DAL)
NYSE: DAL · IEX Real-Time Price · USD
53.16
+0.09 (0.18%)
May 15, 2024, 2:50 PM EDT - Market open

Delta Air Lines Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Delta Air Lines stock have an average target of 60.99, with a low estimate of 50 and a high estimate of 85. The average target predicts an increase of 14.74% from the current stock price of 53.16.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $50 $60.99 $60 $85
Change -5.94% +14.74% +12.88% +59.91%

Analyst Ratings

The average analyst rating for DAL stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 999888
Buy 777666
Hold 000000
Sell 000000
Strong Sell 000000
Total 161616141414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HSBC
HSBC
Strong Buy
Initiates
$73
Strong Buy Initiates $73 +36.96% May 13, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$85
Buy Maintains $85 +59.91% Apr 11, 2024
Susquehanna
Susquehanna
Buy
Maintains
$54$55
Buy Maintains $54$55 +3.47% Apr 11, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$53$55
Strong Buy Maintains $53$55 +3.47% Apr 11, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$50$60
Strong Buy Maintains $50$60 +12.88% Apr 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
57.63B
from 58.05B
Decreased by -0.72%
Revenue Next Year
60.43B
from 57.63B
Increased by 4.85%
EPS This Year
6.51
from 7.17
Decreased by -9.21%
EPS Next Year
7.55
from 6.51
Increased by 15.97%
Year 2019202020212022202320242025202620272028
Revenue
47.01B17.10B29.90B50.58B58.05B57.63B60.43B62.94B67.09B63.00B
Revenue Growth
5.78%-63.63%74.90%69.18%14.76%-0.72%4.85%4.16%6.60%-6.10%
EPS
7.30-19.490.442.067.176.517.558.709.91-
EPS Growth
28.75%--368.18%248.06%-9.21%15.97%15.27%13.92%-
No. Analysts -----20201232
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 60.7B 64.0B 67.4B 73.9B 65.5B
Avg 57.6B 60.4B 62.9B 67.1B 63.0B
Low 55.0B 57.7B 60.2B 59.3B 61.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
4.6%
11.1%
11.6%
17.3%
-2.4%
Avg
-0.7%
4.9%
4.2%
6.6%
-6.1%
Low
-5.3%
0.2%
-0.4%
-5.7%
-8.9%

EPS Forecast

EPS 2024202520262027
High 7.48 8.78 10.47 11.30
Avg 6.51 7.55 8.70 9.91
Low 5.88 6.66 7.45 8.69

EPS Growth

EPS Growth 2024202520262027
High
4.3%
34.8%
38.7%
29.8%
Avg
-9.2%
16.0%
15.3%
13.9%
Low
-18.0%
2.4%
-1.3%
-0.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.